Hello BP,I know of a property that is in pre foreclosure. I went to the local city hall of the town in New Jersey to inquire about the property. They advised that the owner was in pre foreclosure. My question is....ho...
Hi,
I have a question for people who are experienced with buying real estate using seller financing. Do you guys only use seller financing when the seller owns the property free and clear? If the seller does NOT own...
Hi All,I'm investigating rehabbing Baltimore City row homes as a career change. I'm a mechanical engineer; I've done some home additions and built small houses as a hobby. I'm looking to get into rehab/flipping as m...
So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
Alright guys and gals, I'm new to the MHP business so bear with me. Providing your business plan involves hiring a tenant to be your manager, how do you typically compensate them? For instance, in Multifamily investin...
Let's say you buy a single family as an owner-occupant, with the goal of having a couple renters to defray the monthly bills. But let's say the town does not easily allow conversion from singles to multis anymore. Can...
Background: Wife inherited a 4-plex from her mom. Approximate value: $500K with an $135K interest only loan. The 4-plex is a cash cow and she has no intent to pay it off. 1) Should she keep the existing loan even...
Hello all. As I previously mentioned in an earlier post I am a Wholesale newbie in Clarendon County, SC. I am need of some serious expertise here. I am planing to launch my first marketing campaign for absentee own...
I read online that:
"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country. The mortgage giant will sign mo...